News

Foreign companies can’t find a place to stay in Limassol

20.06.2022 The city of Limassol is registering a huge demand in terms of buying but mostly renting offices from companies, with the result that there are no more vacancies. The..

Construction material prices rose further in May

20.06.2022 The Building Materials Price Index rose by 21.81% in May 2022 compared to the corresponding month of 2021 and continued the upward trend that has been following since January..

Cyprus records lowest housing cost overburden in the EU

20.06.2022 Cyprus recorded the lowest level of congestion in the cost of housing in the EU in 2020, the Ministry of Finance said on Friday, citing data from Eurostat. It..

Paphos, Limassol property market booming

19.06.2022 Real estate agents in Limassol and Paphos are reporting the highest demand from foreign buyers and Cypriots for homes since 2020, when the government ended the disgraced citizenship-by-investment scheme...

Ministry passes the buck on Aglandjia rockslides

18.06.2022 The state is not responsible for landslides on private property, the interior ministry said on Friday, a day after MPs and the mayor of Agland applied for financial assistance..

Add value to your home by renovating

18.06.2022 Homes built 30-40 years ago need improvement to match today's living standards, especially those "designer" homes built to the owner's specifications. This is especially important if you want to..

Cyprus had lowest housing cost overburden rate

17.06.2022 According to data released by Eurostat, the EU's statistical office, Cyprus has recorded the lowest level of congestion in terms of housing costs, as well as the lowest percentage..

Altamira: New residential proposals and apartments from €55,000

16.06.2022 Altamira Real Estate presents new property listings this week, with options ideal for every interested buyer, in all areas of Cyprus. Properties in popular areas of the island, which..

A four-storey commercial building was sold in Limassol

15.06.2022 APS secured a major deal by selling a four-story commercial building in Limassol. The property is located in the parish of Potamos Germasogeia, in the municipality of Germasogeia, very..

Nikiforos Pambakas: New arrivals and services at Limassol Marina

15.06.2022 “With a sales percentage of 285 exclusive residential units in excess of 95%, Limassol Marina has established itself as one of the most cosmopolitan addresses in Cyprus and the..

Beach villas in Paralimni, Peyia and Latsi

14.06.2022 As Cyprus is one of the most ideal holiday destinations internationally, holiday homes remain in the spotlight as sought-after properties, both for own living and for investment with immediate..

IMPERIO: Within the summer the first phase of Sunset Gardens

14.06.2022 The situation in Ukraine and the consequences of the war are also affecting Cypriot real estate and causing concern among Cypriot landowners, according to IMPERIO, a company nominated in..

€6.1 million office development is coming to Limassol

14.06.2022 The construction and operation of an office complex in Limassol is planned by Marcuji Ltd. The proposed development, which is under consultation with the Department of the Environment, falls..

Issuance of title deed by the purchaser

13.06.2022 The law gives the buyer the right to issue a certificate of ownership of the acquired property. Depositing a contract of sale with the land registry protects the rights..

We must address water scarcity in real estate

13.06.2022 Ironically, the availability of water affects demand and property prices, especially for foreign buyers who have a choice of country. This foreign market, until recently, brought in about 2..

Wealth gap reshaping property sector

12.06.2022 The Cyprus real estate sector is being reinvented due to growing wealth disparity, leading to a widening gap between potential home and apartment buyers. The trend will continue as..

Castle Residences: Sales of apartments exceeded 80%

11.06.2022 A new luxury project of 23 coastal villas overlooking the Mediterranean Sea is under development and will soon be realized. The reason is that Armonia Beach Villas were delivered..

Russian sanctions impact real estate market

Russian sanctions impact real estate market 11.06.2022 A Reuters journalist found out why Cyprus does not react in any way to EU sanctions proposed against Russians or Russian companies that..

In Cyprus, the jet set of real estate agents for high-end properties

10.06.2022 For the first time, as part of an exclusive IMH event, a group of real estate agents and real estate consultants from more than 10 countries will arrive in..

Important projects are being completed within 2022 in the Paphos district

10.06.2022 According to Mayor of Paphos District Mary Lambrou, the Paphos District Administration is moving ahead with important projects that will be completed in the second half of this year...

Altamira: 90 new attractive proposals in properties from €50,000

10.06.2022 Altamira Real Estate is waiting for another interesting week in the real estate market with 90 new attractive offers. This Tuesday, the company is presenting on its website new..

Rising costs and staff shortages threaten construction sector

Rising costs and staff shortages threaten construction sector 10.06.2022 Construction companies and others in the industry continue to face ongoing challenges from rising domestic inflation, as well as the adverse..

Building permits up by 2.8% in first quarter of 2022

10.06.2022 According to data released by the Statistical Office on Friday, 1,951 building permits were issued between January and March 2022 compared to 1,897 in the corresponding period of the..

16th Land Development, Design and Building Construction Conference & Exhibition

09.06.2022 The 16th Conference and Exhibition on Land Management, Engineering and Construction, held on June 8, 2022, was a great success. Among them are key aspects of state policy in..

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